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⚠️ Not investment advice. Past performance does not guarantee future results.
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Landstar System LSTR

United StatesIndustrials · Integrated Freight & LogisticsUSD
6.1AI score
Rank 911 of 2,130
better than 55% of companies
166.98USD
▲ 37.8% in one year
LSTR MSCI World +22.1%
Average analyst target
190.25 USD (+13.9%)
16 analysts
52-wk low 121.12High 228.46
📈 Chart on TradingView ↗(affiliate link)Analysis of 08/10/2026

What does it do?

Landstar System is a provider of truckload freight transportation and logistics services in the US and Canada, operating an asset-light model that subcontracts to a network of agents and independent carriers.

Key points

from its scores
  • ✓Strong growth7.7
  • ✓Good share-price trend7.7
  • ✓Very solid balance sheet7.5
  • ✕Demanding valuation3.6
  • !Average business quality5.8

AI analysis

bottom line, main risk, context and news
Bottom line

The combination of strong growth and a clean balance sheet is attractive, but the high valuation limits upside potential in the short term.

Landstar shows solid financial health with net cash (Net Debt/EBITDA of -0.85) and robust growth (revenue +18.1%, earnings +20.1%), although its valuation is demanding (P/E 43.26, EV/EBITDA 22.29) and its operating margin is thin (4.61%).

⚠ Main risk

The main risk is the demanding valuation (P/E 43.26) in a thin-margin business (operating margin 4.61%), where any slowdown in freight demand could compress earnings and trigger a multiple de-rating.

Context and risks

Landstar operates as a truckload freight services provider in the US and Canada, with an asset-light model that subcontracts to independent carriers. Its exposure to the macro context is limited: it does not depend on commodities or conflict-affected shipping routes, and its balance sheet shows net cash, so the rise in interest rates does not materially affect its cost structure or financing.

Is Landstar System stock cheap or expensive?

at the analysis date
Pricier than its sector

On P/E and EV / EBITDA, it trades 62% above the Industrials median on average.

MultipleCompanySectorDifference
P/E43.325.4+70%
EV / EBITDA22.314.5+54%
Price / book6.84.1+67%
Price / sales1.12.1−45%

Sector: median of the 388 Industrials companies analysed. In bold, the multiples used for the comparison.

Valuation score: 3.6 out of 10 (median for Industrials: 5.0).

Average analyst target: 190.25 USD, +13.9% versus the price.

A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 5.8 (sector 5.8), Growth 7.7 (sector 6.6).

Indicative fair value · USD
Graham110.01▼ −34% vs price
Cash flow (DCF)67.02▼ −60% vs price
Dividends61.60▼ −63% vs price
Price166.98at the analysis date

Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.

Work out its fair value yourself →How much would you have made investing every month? →

Comparing it with its sector does not say whether it is a good buy: this is not investment advice.

🛒 Where to buy LSTRCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderAvailable in your country · US (NYSE/Nasdaq) · sample 200.00 € order
By the cost of that order: commission and FX, taxes excluded (public fee schedules). Brokers marked «affiliate» may pay Meridian a commission at no cost to you. This is not investment advice. · Compare all 22 brokers by real cost →

Score by category

0 to 10 · hover overtap each one to see what it measures
Financial healthiGood7.5Industrials median: 6.4
Quality / MoatiFair5.8Industrials median: 5.8
ValuationiWeak3.6Industrials median: 5.0
GrowthiGood7.7Industrials median: 6.6
DividendiFair5.8Industrials median: 5.4
MomentumiGood7.7Industrials median: 5.9
Risk & ContextiFair6.9Industrials median: 6.0
Industrials median7 or more 5 to 7 under 5

Key metrics

at the analysis date · compared with the Industrials median
P/Ei
43.3
Industrials: 25.4above
EV / EBITDAi
22.3
Industrials: 14.5above
ROEi
15.0%
Industrials: 16.9%below
Operating margini
4.6%
Industrials: 12.4%below
Net debt / EBITDAi
−0.85
Industrials: 1.58net cash
Revenue growthi
+18.1%
Industrials: +9.2%above

Valuation

P/E
43.3
Forward P/E
21.8
EV / EBITDA
22.3
Price / book
6.8
Price / sales
1.1
PEG
0.91
Market cap
5.7B USD
Enterprise value
5.5B USD

Profitability

ROE
15.0%
ROA
7.3%
ROIC (approx.)
23.6%
Gross margin
19.0%
Operating margin
4.6%
Net margin
2.6%
Free cash flow
96.7M USD
FCF yield
1.7%
Cash conversion
39%

Solvency

Total debt
139.1M USD
Net debt
−208.6M USD
Cash
347.7M USD
EBITDA
244.9M USD
Net debt / EBITDA
−0.85
Debt / equity
16.62
Current ratio
1.82
Quick ratio
1.74

Growth

Revenue growth
+18.1%
Earnings growth
+20.1%
EPS (TTM)
3.86 USD
EPS (forward)
7.65 USD

Dividend

Dividend yield
1.1%
Payout
41.4%

Risk and market

Beta
0.89
Analyst consensus
Hold (16)
Target price
190.25 USD
52-week range
121.12 – 228.46

Compare it with its sector

All 388 in Industrials →
See the full ranking with filters →

Keep browsing the ranking

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Frequently asked questions about Landstar System

Is Landstar System stock cheap or expensive?

On P/E and EV / EBITDA, it trades 62% above the Industrials median on average. Valuation score: 3.6 out of 10 (median for Industrials: 5.0). Average analyst target: 190.25 USD, +13.9% versus the price. This is not investment advice.

What score does Landstar System get on MeridIAn Screener?

It scores 6.1 out of 10, rank 911 of 2,130 (better than 55% of the companies analysed). Its strongest category is Growth (7.7) and its weakest, Valuation (3.6). Analysis of 08/10/2026.

What is Landstar System's P/E ratio?

Its P/E is 43.3: the share price equals 43.3 times earnings per share over the last 12 months. The Industrials median is 25.4. Based on the earnings analysts expect, the forward P/E is 21.8.

How much is Landstar System worth on the stock market?

Its market capitalisation is 5.7B USD and its enterprise value, debt included, is 5.5B USD.

How much debt does Landstar System have?

It has more cash than debt: net cash of 208.6M USD.

Does Landstar System pay a dividend?

Yes: its dividend yield is 1.05% and it pays out 41% of its earnings.

How has Landstar System stock performed over the last year?

It has risen 37.8% over the last year, excluding dividends. Over the last 52 weeks it has traded between 121.12 and 228.46 USD. Past performance does not guarantee future results.

What do analysts think of Landstar System?

16 analysts cover it; their average recommendation is “Hold” and their average target is 190.25 USD (+13.9% versus the price). It is an estimate, not market data.